die Sparnotwendigkeit
Translation
necessity to save, need for austerity
Examples
Die Sparnotwendigkeit ergibt sich aus der Haushaltslage.
The need to save arises from the budget situation.
Er betonte die Sparnotwendigkeit in seiner Rede.
He emphasised the necessity of saving in his speech.
Grammar Patterns
die Sparnotwendigkeit betonen to emphasise the need to save He emphasised the need to save.
Similar Words
Synonyms: compulsion to save, need for savings; Antonyms: wastefulness, profligacy
Etymology
From 'sparen' (to save) + 'Notwendigkeit' (necessity). The necessity of saving.
Memory Tips
Break it down: 'Spar-' (saving) + 'Not-' (need) + '-wendigkeit' (a suffix for necessity). It literally means the 'need-to-save-ness'.